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This Paper Addresses the Difficulties of Cooperation in Asymmetric Dilemmas, Interactions Where Two Or More Parties Have Mixed Motives and Receive Different Known Outcomes If They Mutually Cooperate Or Mutually Noncooperate. Thus We Address Dilemmas That Are More General Than the More Often...
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Ce Texte Analyse la Contribution de la Balance Commerciale En Tant Que Stabilisateur Automatique du Revenu National. Il Y Est Developpe et Verifie un Modele de Demande D'importation et D'exportation Qui Vise a Infirmer Ou a Confirmer L'hypothese Que la Balance Commerciale Joue le Role D'un...
Persistent link: https://www.econbiz.de/10005545670
The aim of this paper is to demonstrate that, even if Marx's solution to the transformation problem can be modified, his basic conclusions remain valid. the proposed alternative solution which is presented hare is based on the constraint of a common general profit rate in both spaces and a money...
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This Paper Provides a Rationale for the Difference Between Contract and Spot Prices Which Is Not Based on Risk Aversion But on Price Discrimination. We Model the Behaviour of a Large Buyer Who Groups an Advance Delivery Contract for Part of His Requirements. His Remaining Purchases Are Executed...
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It is not uncommon that a society facing a choice problem has also to choose the choice rule itself. In such situation voters’ preferences on alternatives induce preferences over the voting rules. Such a setting immediately gives rise to a natural question concerning consistency between these...
Persistent link: https://www.econbiz.de/10005545673
In 1972, Dreze and Modigliani Generalized the Line of Research Initiated by Leland [5] and Sandmo [8] on the Effects of Income Risk on Consumption. They Gave Necessary and Sufficient Conditions for Consumption to Decrease Under Income Risk. However, They Did Not Cover Extensively the Case of...
Persistent link: https://www.econbiz.de/10005545674
The rationalizability of a choice function by means of a transitive relation has been analyzed thoroughly in the literature. However, not much seems to be known when transitivity is weakened to quasi-transitivity or acyclicity. We describe the logical relationships between the different notions...
Persistent link: https://www.econbiz.de/10005545675
The Paper Investigates Why, Under Supply Control by Marketing Board, Production Quotas Originally Given to Downstream Producers May Ultimately End Up in the Hands of the Latters' Upstream Suppliers Who Will Lease Them Back to Their Original Owners. a Link Between the Extent of Leasing and the...
Persistent link: https://www.econbiz.de/10005545676